Siam Commercial (Thailand) Probability of Future Stock Price Finishing Under 102.93
| SCB-R Stock | THB 118.00 2.93 2.55% |
Siam |
Siam Commercial Target Price Odds to finish below 102.93
The tendency of Siam Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 102.93 or more in 90 days |
| 118.00 | 90 days | 102.93 | about 41.46 |
Based on a normal probability distribution, the odds of Siam Commercial to drop to 102.93 or more in 90 days from now is about 41.46 (This The Siam Commercial probability density function shows the probability of Siam Stock to fall within a particular range of prices over 90 days) . Probability of Siam Commercial price to stay between 102.93 and its current price of 118.0 at the end of the 90-day period is about 30.09 .
Assuming the 90 days trading horizon The Siam Commercial has a beta of -0.1. This usually implies as returns on the benchmark increase, returns on holding Siam Commercial are expected to decrease at a much lower rate. During a bear market, however, The Siam Commercial is likely to outperform the market. Additionally The Siam Commercial has an alpha of 0.1253, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Siam Commercial Price Density |
| Price |
Predictive Modules for Siam Commercial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Siam Commercial. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Siam Commercial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Siam Commercial is not an exception. The market had few large corrections towards the Siam Commercial's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold The Siam Commercial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Siam Commercial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 19.18 | |
Ir | Information ratio | 0.02 |
Siam Commercial Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Siam Commercial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Siam Commercial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Siam Commercial is way too risky over 90 days horizon | |
| Siam Commercial appears to be risky and price may revert if volatility continues | |
| The Siam Commercial has accumulated about 378.74 B in cash with (115.54 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 111.42. |
Siam Commercial Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Siam Stock often depends not only on the future outlook of the current and potential Siam Commercial's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Siam Commercial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.4 B |
Siam Commercial Technical Analysis
Siam Commercial's future price can be derived by breaking down and analyzing its technical indicators over time. Siam Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Siam Commercial. In general, you should focus on analyzing Siam Stock price patterns and their correlations with different microeconomic environments and drivers.
Siam Commercial Predictive Forecast Models
Siam Commercial's time-series forecasting models is one of many Siam Commercial's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Siam Commercial's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Siam Commercial
Checking the ongoing alerts about Siam Commercial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Siam Commercial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Siam Commercial is way too risky over 90 days horizon | |
| Siam Commercial appears to be risky and price may revert if volatility continues | |
| The Siam Commercial has accumulated about 378.74 B in cash with (115.54 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 111.42. |
Other Information on Investing in Siam Stock
Siam Commercial financial ratios help investors to determine whether Siam Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Siam with respect to the benefits of owning Siam Commercial security.